Let me say from the jump, I'm not a Paul Ryan fan but he spoke some truth to Jo BiteMe last night. Isn't it a little clearer why raising taxes is never a credible solution to reign in wasteful spending? Let me go workout, I'll be back
Look, if you taxed every person and successful business making over $250,000 at 100 percent, it would only run the government for 98 days. If everybody who paid income taxes last year, including successful small businesses, doubled their income taxes this year, we'd still have a $300 billion deficit. You see? There aren't enough rich people and small businesses to tax to pay for all their spending.
And so the next time you hear them say, "Don't worry about it, we'll get a few wealthy people to pay their fair share," watch out, middle class, the tax bill's coming to you. - Paul Ryan